Why Should You have Child Personal Accident Insurance?

personal accident insurance

The contingency of accidents is omnipresent. Anyone who is traveling from one place to another through any medium, be it roadways, railways, or airways, are prone to accidents. In fact, not only through transportation, accidents can occur during any activity at any time.  

While we secure our lives after a certain age, it is also essential to secure the lives of the children of our homes, since they are more prone to such accidents due to their lively approach to all the things they do. With a child personal accident cover, you can assure that your children are financially protected from the dangers associated with accidents.

A Brief of Child Personal Accident Insurance

Child Personal Accident Insurance Policy is a regular life insurance policy that is designed in a way that financially meets the requirements of children whenever required. The most important benefit of child plans is that even if the parents/policyholder dies, the child will be financially protected. Not only does the policyholder’s death provide financial protection to the children, but also waives off the premiums to be paid.

Why Bajaj Finserv Child Protection Insurance?

Bajaj Finserv is known to be one of India’s leading financial provider with CRISIL’s FAAA and ICRA’s MAAA highest credit rating. Under the pocket insurance category, the company offers insurance policies with subcategories like assistance, lifestyle, travel, and health. Under the health subcategory, there is a Child Personal Accident Cover specialized for financial protection of children. There are many other unique pocket insurance covers offered by the Non-Banking Financial Company (NBFC) like firecracker cover, monsoon cover, adventure cover, hospital cash cover, and many more. You can browse through the range of pocket insurance policies and choose the one as per your needs. Moreover, If you can also opt for personal accident insurance under the health insurance plans for maximum coverage or which are not covered in a personal accident insurance policy.

Benefits and Features of Child Protection Insurance

High Value of Money Insured

With a child personal accident insurance policy, you can get coverage of up to Rs 1 lakh. The premium paid for this insurance policy is as low as Rs 322 per annum.

Medical Coverage Available

If the child incurs any kind of fractures, a sum insured of up to Rs 1 lakh is provided for the treatments done for the same.

Partial and Permanent Disability Coverage

If the child acquires partial or permanent disability due to an accident, a sum insured of up to Rs 1 lakh is offered to meet the child’s medical requirements.

personal accident insurance

What is not covered under the Child Personal Accident Cover?

The only condition where no coverage will be provided is that the injury/disability must not be self-induced.

What is the Procedure to Apply for Child Personal Accident Insurance with Bajaj Finserv?

For the online application of child plans from Bajaj Finserv you need to follow the two steps mentioned below:

  • Fill up a quick application form
  • Make an online premium payment

After the completion of the premium payment, the policy details will be sent to the provided contact details. You need to save the details for future references like making claims.

How can you make Claims for Child Plans with Bajaj Finserv?

You can make claims for child personal accident cover without any hassle. All you got to do is contact the company and lodge a claim by sending an email to customercare@bajajallianz.co.in or make a call to the toll-free number 1800-209-1021. With the low premium amount and trouble-free application and claim procedure with Bajaj Finserv, you can secure your child’s future from the uncertainties of life.


I have been writing on tech since 2014 and what started as a side gig has now turned into a profession that I am immensely passionate about. A computer science graduate by education, I also enjoy reading and baking.

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